News Articles
McDonald's has decided to withdraw its dedication to diversity, equity, and inclusion in its supply chain.
McDonald's is discontinuing its diversity, equity, and inclusion (DEI) commitments within its supply chain, including the retirement of aspirational representation goals, as stated in a letter to empl
Read MoreThe president of FedEx Freight is set to retire prior to the company's spinoff.
FedEx Freight President Lance Moll will retire on January 31 after over 33 years with the company, transitioning to an executive advisor role until July 31. His retirement coincides with FedEx prepari
Read MoreThe procurement team at Hapag-Lloyd utilizes a digital tool to enhance supplier visibility.
Amid the COVID-19 pandemic, Hapag-Lloyd faced significant supply chain challenges, prompting the need for improved supplier insights. In 2021, the company partnered with Craft, a supply chain technolo
Read MoreAir cargo rates in Asia continue to be elevated, even with the typical seasonal decline.
Global air cargo spot prices are over 20% higher in the second week of 2025 compared to the previous year, despite a seasonal decline. Average worldwide spot rates decreased by 3% from the prior week
Read MoreFraport announces a 6.2 percent rise in cargo volumes for 2024.
Fraport, the operator of Frankfurt Airport, reported a 6.2% increase in cargo volumes in 2024, handling 2.1 million metric tonnes due to rising demand for air cargo services. Additionally, passenger n
Read MoreLufthansa Cargo has named Andre Schulz as the head of its Europe region.
Lufthansa Cargo announced the appointment of two new executives, effective January 1, 2025. Andre Schulz, formerly Head of Region Middle East, Africa & South Asia & CIS, will now lead the European reg
Read MoreVienna Airport has announced a 22% increase in cargo traffic for 2024, largely fueled by the pharmaceutical sector.
Vienna Airport achieved record air cargo volumes in 2024, handling 297,945 tonnes, marking a 22% increase from the previous year and surpassing pre-crisis levels from 2019. The rise in long-haul servi
Read MoreBill Tavares has been appointed as the Vice President of Operations at SmartKargo.
SmartKargo, a leader in e-commerce air cargo and logistics, has appointed Bill Tavares as Vice President of Operations and Rodney Small as Vice President of E-commerce Business Development. Tavares br
Read MoreShaping the future of Frankfurt Airport's cargo center: Enhancing space utilization, advancing space development, and introducing digital and process innovations.
Frankfurt Airport (FRA), a leader in European air cargo, is poised for growth amid challenges like digitalization and sustainability. Anticipated airfreight volumes could rise by 50% by 2040, promptin
Read MoreThe Secretary-General of the IMO emphasizes key priorities for 2025.
At a news conference on January 14, 2025, Secretary-General Arsenio Dominguez emphasized the International Maritime Organization's (IMO) priorities, focusing on issues like the "dark fleet" that bypas
Read More